Xtrackers Short Semi Deviation
| SHYL ETF | | | USD 44.44 -0.12 -0.27% |
Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level. Below is Xtrackers Short's current Semi Deviation with peer comparisons and related risk metrics.
Current Semi Deviation Value
Xtrackers Short carries a Semi Deviation of 0.2117, consistent with low price variability. This places Xtrackers Short at the lower end of the volatility range for ETF.
Semi Deviation | = | SQRT(SV) |
| = | 0.2117 | |
Semi Deviation Peers Comparison
Relative to peers, Xtrackers Short's Semi Deviation is above the group average of 0.0. Peer readings range from 0.2912 (Thrivent Core Plus) to 1.42 (Janus Henderson Small), reflecting tight clustering across the sector. Xtrackers Short has exhibited greater price dispersion than the peer average over the measured period.
Semi Deviation Relative To Other Indicators
The chart below plots Semi Deviation against Maximum Drawdown for Xtrackers Short and its peers. Each point represents one equity — position along the horizontal axis shows Semi Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
The Maximum Drawdown-to-Semi Deviation ratio for Xtrackers Short sits near
6.05 , with Semi Deviation at
0.21 and Maximum Drawdown at
1.28 . This indicates Maximum Drawdown substantially exceeds Semi Deviation for Xtrackers Short.
Methodology, Assumptions & Data Sources
The current Semi Deviation for Xtrackers Short is 0.2117. The Semi Deviation for Xtrackers Short applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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